Product Update

Directors and Officers Liability Exposures in Professional Liability Insurance


Updates in this release of Professional Liability Insurance include discussions of (1) the Securities and Exchange Commission's most recent 2018 Disclosure Guidance memo, which promulgates revised public company data breach disclosure requirements; (2) corporate D&O liability exposures to derivative claims alleging failure to prevent sexual misconduct (based on a recent derivative suit filing against the directors and officers of Wynn Resorts); (3) the March 2018 Yahoo! securities class action data breach settlement; and (4) the May 2018 Wendy's derivative data breach settlement.

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